£295,335
This estimated value is based upon the latest sale price for the house of £240,000 on 7 Aug 2019. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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27-29 Hockliffe Street, Leighton Buzzard, LU7 1EZ
Phone: 01525204890
| Price Paid | Date |
|---|---|
| £240,000 | 7 Aug 2019 |
| £142,000 | 13 Apr 2010 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 sq feet |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in August 2019 the House Price Index for CENTRAL BEDFORDSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £240,000 results in an estimated price of approximately £295,335.
| 7 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £240,000 | £55,335 | £295,335 |
The Postcode Pricing Model uses changes in average sales price within the LU7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -23.189 % | £-55,653 | £184,346 |
| 3 Month Average | 7.101 % | £17,042 | £257,042 |
| 6 Month Average | 6.508 % | £15,619 | £255,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £327,734 | £322,000 | 237 VANDYKE ROAD |
| 4 Dec 2023 | £297,200 | £292,000 | 53 HORNBEAM CLOSE |
| 19 Sep 2023 | £324,145 | £320,000 | 73 NELSON ROAD |
| 25 Aug 2023 | £277,427 | £275,000 | 55 HORNBEAM CLOSE |
| 17 Aug 2023 | £403,530 | £400,000 | 2 NELSON ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Jan 2010. Using an estimated price of £295,336 means this house is valued at £3,786 per sq meter (£351 per sq foot).
The average size of a house on NELSON ROAD is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelson Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vandyke Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vandyke Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vandyke Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vandyke Road |